A-Team Group provides the global community of IT and data professionals in financial markets with the business intelligence they need to excel in their roles. Through its unique mix of media channels – including print publications, online services and research reports, as well as its customised research and strategic marketing services – A-Team helps buyers and sellers of technology and data to understand the strategic and logistical issues involved in technology deployments across the financial services enterprise. Meanwhile, suppliers benefit from getting their message to A-Team’s loyal community of readers and customers.
Recent Articles
Broadridge Q3 Net Income Down $12.4m on Last Year »
On 10 May 2008 in RDR-The Corporation, Reference Data Review 
Broadridge Financial Solutions has reported a 29.6 per cent decrease in third quarter net earnings on the previous fiscal year. However, net revenues for the same quarter, ending 31 March 2008, have grown by 1.2 per cent on last year’s figures to $498.8 million.
Electronic Trading - Issue 52 - May 2008 »
On 09 May 2008 in ET-Download PDF, Electronic Trading
Electronic Trading - Issue 52 - May 2008 (813.9 KB)Nyfix’s Purchase of FIXCity Offers Opportunity to Boost Client Base »
On 09 May 2008 in ET-The Corporation, Electronic Trading
Nyfix expects last month’s acquisition of FIXCity to give the UK specialist in web-based liquidity discovery solutions the opportunity to ramp up FIXCity Ioinet’s client base through the alignment of both firms’ indications of interest (IOI) expertise. The companies plan to combine their networks into one, to offer more unified IOI content in the US, Europe and Asia.
A-Team’s Algorithmic Trading Directory, now available, is an easy-to-use reference guide providing the industry’s only apples-to-apples comparison across the algorithmic trading models on offer from sell-side institutions. The directory provides a series of detailed supplier profiles with descriptive information on the algorithms available, and analyses of who should be using them, under what market conditions and when.
Ballista Plans Platform For Block Equity Options and Complex Trades »
On 09 May 2008 in ET-Options Trading, Electronic Trading
New York-based Ballista is awaiting regulatory approval for its planned electronic equity options liquidity pool for block trades and delta-neutral or complex transactions. Offering electronic access to both public and non-public options markets, Ballista seeks to address fragmentation in the options marketplace and traders’ difficulty in finding liquidity.
First Word: Three of the Best from TradeTech Paris »
On 09 May 2008 in ET-First Word, Electronic Trading
Good things always come in threes and, for us, there were three distinct highlights at this year’s TradeTech Europe show in Paris.
The first, of course, was the launch of our very own A-Team Algorithmic Trading Directory. Despite being hidden under a proverbial bush for Day One of the show, our stash of directories was snapped up by a grateful mass of delegates and exhibitors, all anxious to gain insight into the mysterious and murky world of algorithms.
EFG Deploys Orc Trading to Support Advanced Structured Products Offering »
On 09 May 2008 in ET-News in Brief, Electronic Trading
EFG Financial Products, a newly established subsidiary of EFG International, is using Orc Software to supply key technology for its structured products operations.
Citi Acquires TradeWeb Stake »
On 09 May 2008 in ET-News in Brief, Electronic Trading
Citi is acquiring an undisclosed minority equity stake in electronic fixed income platform TradeWeb. The US bank will take a seat on the TradeWeb board, joining the nine other Wall Street dealers that paid $180 million for a minority stake in the platform last year (Electronic Trading, October 2007). The nine dealers had initially sold TradeWeb to Thomson Financial in April 2004.
GL Trade Reports Turnover of €53.4m in First Quarter Of 2008, up 19.4% on the Same Period in 2007 »
On 09 May 2008 in ET-News in Brief, Electronic Trading
Turnover at GL Trade has grown by 19.4 per cent in Q1 08 compared to the same period last year, topping €53.4m. On a like-to-like basis and at constant FX rates that’s a boost in turnover of 10 per cent. The subprime crisis has so far had limited impact on turnover, says the company, which is partially protected by a business model based on recurring revenues. Instead, growth is being driven by Asia – with South-East Asia playing a particularly strong role, says GL Trade, with an important contract being rolled out with all the members of the Singapore Stock Exchange (SGX). Business is also picking up in Japan, and Hong Kong remains on a growth trend.
4sight Offers Connectivity for Borsa Italiana Members That want to use LSE’s TradElect Platform »
On 09 May 2008 in ET-News in Brief, Electronic Trading
4sight Financial Software has outlined plans to offer connectivity to Borsa Italiana members who wish to use the London Stock Exchange’s (LSE) TradElect platform following the recent merger with the LSE and subsequent migration of the MTA listed stocks to TradElect.
BATS Selects Savvis to Support European Expansion »
On 09 May 2008 in ET-News in Brief, Electronic Trading
BATS Trading is to use Savvis to support the expansion of its all electronic alternative to Nasdaq and NYSE in to Europe (Electronic Trading, April 2008), pledging that its European ECN platform will be hosted in Savvis’s Docklands data centre when it goes live later this summer.
Old Mutual Asset Management Selects INDATA IMS ASP »
On 09 May 2008 in ET-News in Brief, Electronic Trading
Boston-based Old Mutual Asset Management has selected the INDATA IMS ASP solution for its affiliate managers. The IMS ASP solution provides trade order management, portfolio accounting and reporting, performance measurement and attribution with the added benefit of INDATA providing hosting and system administration management.
Canadian Exchange Settles IP Dispute with CNQ, Paving Way for Multiple Market System »
On 09 May 2008 in ET-Exchange Technology, Electronic Trading
The Toronto Stock Exchange (TSX) and Canadian Trading & Quotation System (CNQ), operator of the Pure Trading marketplace and CNQ stock exchange, have settled their dispute over intellectual property. Both parties say the settlement was designed to assist the Canadian securities industry in its efforts to adapt to the emerging multiple market system.
Plus Markets Enhances OMX Platform Ahead of Expansion »
On 09 May 2008 in ET-Exchange Technology, Electronic Trading
Plus Markets has embarked on a series of enhancements to its new OMX Technology trading platform in a push to generate additional trading volumes, liquidity and potentially expand the service to non-equity securities.
LiquidityOrchestrator SOR Added to Smart Trade’s STTP Version 5.5 »
On 09 May 2008 in ET-Order Routing, Electronic Trading
Smart Trade Technologies has released version 5.5 of its Smart Trade Transaction Platform (STTP), which adds the firm’s LiquidityOrchestrator smart order router (SOR) to the liquidity management platform. The French trading software supplier is pitching the combined system as a solution for addressing best execution under both MiFID and Reg NMS.
Smart Order Routing – ‘Your Shout’ By Peter Randall, CEO of Chi-X Europe »
On 09 May 2008 in ET-Your Say, Electronic Trading
Chi-X Europe has recently celebrated its first anniversary of offering live trading. Like many people, Chi-X likes to understate its age – for the Chi-X Europe team, it wasn’t merely a one year celebration, but also marked a two-and-a-half year milestone since it first scoped out the requirements to launch a pan-European MTF.
Instinet Launches Enhanced Algo Trading Suite, Leveraging Parent Nomura’s US Strategies »
On 09 May 2008 in ET-Algorithmic Trading, Electronic Trading
Instinet has launched Instinet Execution Experts, a suite of algorithms incorporating best-of-breed components of Instinet’s previous algorithmic offering with Nomura’s former US strategies. The release represents the first major fruits of the combination of the two since the US firm’s acquisition by Nomura in 2006 (Electronic Trading, December 2006).
Turquoise Gets Platform ‘Commitment’ from 38 Sell-Side Firms Ahead of September Launch »
On 09 May 2008 in ET-ECNs & ATSs, Electronic Trading
Five months ahead of the planned September launch of its trading platform, Turquoise Trading, the multi-lateral trading facility (MTF) established by nine leading European investment banks, says it’s received commitment from 38 largely sell-side firms to connect up to the hybrid trading model from day one.
Tradeweb Adds Cash Deposits to Enhance Trading Platform Speed »
On 09 May 2008 in ET-Trading Technology, Electronic Trading
Tradeweb’s addition of cash deposits in five currencies to its multidealer trading platform is aimed at bringing speed, transparency and processing efficiency to what has traditionally been a telephone-based and labour-intensive business.
Instinet Europe Names New Management Team »
On 09 May 2008 in ET-Networking, Electronic Trading
Instinet has appointed Richard Balarkas, who joined its subsidiary Instinet Europe Limited (IEL) in December 2007 (MiFID Monitor, December 2007), as president and CEO. Balarkas joins COO Clive Triance – who joined Instinet in October 2007 from Citigroup – and CFO Stephen Corker – who joined Instinet in January from Tullett Prebon – to form the new IEL senior management team.
StreamBase Adds Complex Event Processing Pioneer to Top Management Team »
On 09 May 2008 in ET-Networking, Electronic Trading
StreamBase Systems, a provider of complex event processing (CEP) software, has appointed former Apama general manager Mark Palmer as president and chief operating officer. Prior to joining StreamBase, Palmer worked for Progress Software, where he led that company’s acquisition of CEP software vendor Apama and then led the Apama business unit as general manager.
